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CSPAN
Jan 15, 2013 8:00pm EST
parties are. >> they are going with the american economy and the global economy. closer you get to the fiscal cliff, i think the less likely it is that the u.s. will be funded over and. >> okay, let me ask about tax reform. mutual political last week that a balanced approach to placing the sequester with benefits and revenues should accelerate tax reform, and i believe it's fully possible this year we work on a bipartisan basis. how does that square with the people that say that the tax reform is going to lose out because of scheduling and needing to deal with the debt ceiling and the looming sequester and house republicans concerned that if they do anything on tax reform, that they may leave themselves open to the senate not taking action. therefore, they have taken in on popular vote for no reason. >> first of all we have to solve this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. and. we are not going to accomplish tax reform in the next six weeks. so we have a deadline that cannot basically be moved for what we need to do in the
CSPAN
Jan 15, 2013 9:00am EST
and the economy. >> it's my pleasure to welcome you here to the brookings institution on a soggy day. it's not too hard to come in from outside on a day like this. this is the fifth growth through innovation forum that we have held at brookings but i'll give you a little background in a minute. it's the third one that we are conducting publicly. the phrase growth through innovation is an important part of the vocabulary to at brookings. we have what we call for institutional priorities under which we try to cluster all of the work that are more than 100 scholars do here. those for priorities are energy and climate, opportunity and well being, managing global change, and growth through innovation. this is i think exactly the right moment to be having today's event. we are in a period of transition in our national leadership here in the capital, of course. we have a new treasury secretary, chief of staff coming in. we'll be having a new commerce secretary, labor secretary, and, of course, the 113th congress is settling in on capitol hill. the forum is going to address the issues of how to reinvigora
FOX
Jan 14, 2013 7:00am PST
the replacement level. and that's causing concern for california's economy because the retirement population grows and there are fewer workers to replace them. in the meantime birth rates have gone up in texas, georgia and florida. >>> 7:35. the trial and a massive corruption case involving an entire southern california city starts this week. the mayor, vice mayor and four former council members from the city of bell are charged with misappropriation of city money. prosecutors claim the city leaders looted the city's treasury to pay themselves huge salaries. the biggest compensation package was for the city's chief administrative officer of $1.5 million. jury selection begins tomorrow. >>> some san francisco muni workers earned a lot of overtime in the last fiscal year. the "san francisco chronicle" reports one supervisor worked more than 2200 hours of overtime. that's the same as working a second full-time job. in 22 of the top 25 earners in the entire city worked for muni. muni's chief says most of the overtime is due to maintenance work being done when fewer vehicles are in service which is mos
KRON
Jan 14, 2013 7:00am PST
now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions and sound investments. as long as washington politics and do not get in the way of america's progress. as i sat on the campaign, one component to growing our economy is shrinking our deficit and a balanced and responsible way. for nearly two years now, i have been fighting for such a plan. one that would reduce our deficit by four trillion dollars over the next decade which would stabilize our debt and our deficit and sustain us for the next decade. that would be enough not only to stop the growth of our debt and the size of our economy and make it manageable. education and job training in science and research and all of those things that help us grow. step-by-step, we have made progress towards that goal. over the past few years and signed into law 1.4 trillion dollars in spending cuts. two weeks ago i signed into law more than $600 billion in revenue by making sure the wealthiest americans began to pay their fair share. when you add the money that we will
NBC
Jan 14, 2013 7:00am PST
for new jobs, new opportunity and new security for the middle class. now, right now our economy is growing and our businesses are creating new jobs. so we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. as i said on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now, i've been fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade, which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make people and education and jobs and science research. step by step, we've made progress towards that goal. over the past two years i've signed into law about $1.4 trillion in spending cuts. two weeks ago i sign
ABC
Jan 14, 2013 11:00am PST
congress to act now on raising the debt ceiling or face an economy that could go haywire in a few months. the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vi
KOFY
Jan 14, 2013 11:30am PST
on raising the debt ceiling or face an economy that could go haywire in a few months. the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vice president biden w
KRON
Jan 15, 2013 5:00pm PST
dan kerman is here to explain. >> when the economy outwith the economy in the dolldrums three years ago, congress created the payroll tax holiday, which cut the payroll tax from 6.2% to 4.2%.for 2011 and 2012. meaning more money in your paycheck to spend to help get the economy going. well that so called holiday expired at the end of last year. meaning your payroll tax goes back up 2% meaning less take home pay. here's what it means. households making between 40 and 50 thousand dollars will see 579 dollars less this year. those making between 50 and 75 thousand dollars will see about 822 dollars less this year. those making between 75 and 100 thousand dollars will pay 1,206 more in tax, or 100-dollars a month the big question is, will this impact the economy? since consumers have less in their paycheck each week, even if it's 25$ a week, will they spend less? some forecasters say definitely. others say we've paid this rate for years and this 2-percent will have little impact over the long term. especially when you consider that middle class tax rates are not going up. >> pam: now th
KBCW
Jan 13, 2013 8:30am PST
to do. we have an economy that we so continues to grow, and won't to make sure we do everything to help that growth and continue to bring down unemployment. so, i have my offices open in the district, offices open in washington and ready to work. >> were you upset the applecart when you took on poet stark longtime california congressman and the democratic establishment in congress was behind him. resentment? lingering? any problems back there with you coming on? >> no, not at all. in fact, just last week, i was asked by the democratic house leadership to be an assistant wipp -- whip. i will be assisting the house leadership and growing our economy and i am excited to do that. i bring experience from having been a local city council member and a courtroom prosecutor, i think, especially when we talk about reasonable gun safety measures, i have been a big supporter of that. i have been working with my freshmen colleagues to take measures to protect the second amendment, but reduce gun violence in america. >> gun violence, obviously, a very hot topic right now in congress. >> yeah. >> what
NBC
Jan 15, 2013 4:30am PST
about the economy today. the dow rising 18 points in yesterday's trade and nasdaq slipping eight to close at 3117. here's our top story. treasury secretary tim geithner is calling on congress to raise the debt ceiling. in a letter to lawmakers geithner says it could cause harm to the u.s. economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in. lean in. i'm the queen. you'll have to do something to stay warm out there this morning. lean back if that's what it takes. 4:47. it is cold out there this morning. you're going to need all the winter gear you have in your closet. you could wear the snowboarding gear to work this morning if you wanted to. stay warm. i definitely
CBS
Jan 14, 2013 7:00am PST
is messing around with the full faith and credit of the united states. it would be bad for the economy when we played that game of russian roulette back in august of 2011. you could see the economy decline. you could see job creation going away. i'm with newt gingrich on this one. newt gingrich had taken a strong position that we should not use, that the republicans should not use the debt ceiling as leverage in this cutting spending. let's use the continuing resolution. let's use the sequester, but don't use the debt ceiling. that's a bad idea. >> president said he won't negotiate on the debt ceiling. >> i think he's right on that. >> senator, thank you. good to see you. >> thank you. nice to see you all. >>> and we spoke to supreme court justice sonia sotomayor. she spoke with scott pelley about her new york city home and reputation as a tough corporate lawyer. >> you write in your book that one day one of the associates one of your colleagues was on the telephone, and he described you, your words, not mine as one tough -- >> his words. >> as one tough bitch. >> yea
NBC
Jan 16, 2013 5:00am PST
and hope for the south bay economy. here's what prompted the latest grounding yesterday. the only grounding so far. yesterday one of the 787 dream liners had to make an emergency landing in japan after a cockpit message warned of a battery problem. a japanese tv crew was on board, captured the evacuation which appeared to go smoothly. japan's transport ministry says this was a serious incident that could have resulted in an accident. in an e-mail to blumberg news boeing is aware of what happened and is working with customers. here in the united states there have been other problems including a battery fire and fuel leak which prompted the faa to review a safety review of all 787 aircraft. on friday, normanetta joined truck reid and the u.s. ambassador to japan to celebrate the launch of ana direct dreamliner service to tokyo. the first time this airport has had it in years. this new route could inject more than $70 million annually into the economy once the route starts up. it's not clear how long ana will keep the dreamliner grounded. bob riddle, "today in the bay." >> thank you. it's 5:14
CBS
Jan 13, 2013 7:30am PST
called you yet? >> we want to make sure we do everything to help the economy grow and continue to bring down unemployment so i've got my offices open in the district, offices opened in washington and ready to work. >> were you upset -- you upset the apple cart when you took on pete stark and much of the democrat establishment in congress was behind him. resentments lingering? any problems out there with you coming on? >> no. last week i was asked by the democrat leadership to be an assistant whip. i will be assisting the house leadership in growing our middle class, making sure our economy continues to grow. i'm excited to do that. i bring experience from having been a local city council member and also a courtroom prosecutor and i think especially when we talk about reasonable gun safety measures, i have been a big supporter of that and i've already been working with my freshmen colleagues to take measures to protect the sacred amendment but -- second amendment but reduce gun violence in america. >> gun violence obviously a very hot topic in
NBC
Jan 16, 2013 6:00am PST
million plus to the south bay economy has been suspended as ana and japan airlines have grounded them for safety inspections. yesterday, one of ana's boeing 787 dreamliners had to make an emergency landing in japan after a cockpit message warned of a battery problem. a japanese tv crew was on board, captured on tape the evacuation which appeared to go smoothly. we can't hear of serious injuries. japan's transport ministry said this was a serious incident that could have resulted in an accident. in an e-mail to bloomberg news boeing said it is aware of what's happening and is working with the customer. this is the latest hick up involving the new dream liner n. the united states there have been problems including a battery fire and fuel leak which prompted the f.a.a. to begin a safety review of all 787 aircrafts. those flights that are between here and tokyo are suspended. there won't be the 11:40 flight scheduled to leave this morning bound for tokyo. i want to bring in our tech and business gou are you. scott, we were chatting on the phone. boeing struggled to manufacture this dreaml
NBC
Jan 18, 2013 5:00am PST
on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking the jobs away. the moment robots become cheaper to operate than people, what will happen with china when all those people lost their jobs? they're our biggest bank. i understand that we do have nbc. let's check in with whoever it is this morning. seema mody. good morning. >> it's me. hello. good morning. futures are mixed this morning after markets overseas specifically in japan rallied overnight. the nikkei moving higher after they said remarks on the yen were misinterpreted. intel reported disappointed earnings last night. stocks rose thursday on numbers with unemployment and housing market. we get earnings from general
KBCW
Jan 17, 2013 10:00pm PST
with border enforcement, jobs and the california economy. since 2007 there's been less need for unskilled labor and a greater demand for workers with degrees. immigrants from asia, especially india, tend to be more highly educated. >> we see the united states of america as a pretty much gold mountain where we have endless opportunities to achieve. >> reporter: case in point, victor lu, he came to the united states as a refugee from vietnam and went into the restaurant supply business 25 years ago today. at 80,000 square feet his store is now one of the largest and most successful of its kind in the south bay. >> my parents both came about 33 years ago with nothing, no english. very limited english still today, but they decided to start a business and it flourished and with everybody's support it is what it is today. >> reporter: in the south bay, len ramirez, cbs5. >>> all this dry weather has put a dent in the snowpack now down from 137% to 109, but look at last year, 12% of normal. any snow on the mountains? any rain in your backyard? i got your forecast coming up. ,,,,,,,, get beauty
NBC
Jan 15, 2013 11:00pm PST
is banking on the $70 million-plus, the service will pump into the airport and the local economy each year. and we understand that delegation from san jose that was on that inaugural flight is still in japan tonight. live from san jose international, stephanie traung. >>> how to best prevent oakland from shootings and sheet violence. the safety committee voted to brought in extra help. but it won't say about the figure at that decision. jean elle is in oakland where that meeting has been going on for hours. and they kind of passed the buck. >> reporter: the safety committee listened to hours of emotional testimony. mostly from people concerned about bill bratton's tactics. after a rowdy meeting, the committee voted to support outside help but not bill bratton. they say his reputation is just too toxic. hundreds of people at an oakland public safety meeting booed police chief howard jordan. >> let the public speak. >> reporter: stopping the chief from explaining why he supports to spend $250,000 to hire police chief bill bratton for advice on how to stop violent crime in oakland. >> why don
NBC
Jan 16, 2013 4:30am PST
dollars pumped into the airport and local economy each year. nbc, bay area news. >> the forecast now with christina loren. it's bad when 36 is a warm-up. >> wow. >> it is going to be dreamy later today, keeping with the theme. temperatures in the 60s in some cities. we have a good-looking rebound. another cold start. however, with that said i'm happy to report this is the first morning in four days we don't have a freeze warning in place. 38 degrees in san francisco. although it's not that much warmer. 30 in napa. 28 degrees in navado. throughout the day we have a nice rebound. high pressure building in quickly. you have to take the good with the bad. as temperatures come up, the air quality is suffering. it's a spare the air day. we'll put it on the table right off the bat. so if the wood burning stove isn't your only source of heat, please postpone the fire until maybe, i would say we'll get better air quality tomorrow. a stronger on shore flow. temperatures will be comfortable. 61 degrees in fremont. 60 today in san francisco. santa cruz will be the warmest city not just today but
NBC
Jan 16, 2013 11:00am PST
-stop service will pump into the airport and the local economy each year. stephanie truong, nbc bay area news. >>> another cold start to your day but warmer temperatures. >> a heat wave. >> relatively speaking. i'll take it. >> come this weekend you might be sending me thank you letters. you can address them, nbc bay area, we're accepting those areas. we do have a warmup. it's gradual. it will take some time. marla is right on point as usual. it is warmer out there today, we'll hit the mid 60s in some cities. a murky layer of haze over san francisco. it is a spare-the-air day. it's illegal to burn the fire wood unless it's your only source of heat. the temperatures right now, you don't even need that fire wood. sunnyvale just hit 50 degrees. 48 in san jose and 49 in livermore. hazy sunshine for today. temps in the 60s. we'll see more 60s than 50s. by tomorrow, four to six degree warmup after we get through one more cold start. then as we get through the weekend, the 70s are possible. some of your beaches, we'll talk about which ones coming up. >> the good news is, marla keeps her floor heater
NBC
Jan 17, 2013 4:30am PST
, the hospital says it was hit hard by the economy. it says it eliminated unfilled positions and offered voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they were reportedly discussed behind closed doors. washington hospital gets funds from property taxes so it must follow the same public meeting laws as a city council. >>> it's 4:52 right now. if you like buzzer beaters, you're going to like this. laura garcia-cannon will like it too. we'll show you how st. mary's dead it. >>> and rumors that tiger woods may be reconciling with his ex-wife. >>> a wide view of the south bay but i'll show you the east bay coming up. >>> rumors swirling that tiger woods is trying to get back with his ex-wife. a prenup deal is worth more than half of his $600 million fortune. >> unbelievable. >> reportedly elin will consider this proposal if it includes a $350 million anti-cheating clause. how about that? the couple divorced in 2010 after tiger revealed he was a serial cheater and had a series of mistresses. >> that sounds like
NBC
Jan 18, 2013 5:00pm PST
that the republicans have backed down from what the white house calls the threat to hold the u.s. economy hostage. >> thank you, steve. we will have continuing coverage throughout the weekend, our political analyst will join our team ofrespondents as the president begins his second term. the big public swearing in is on monday. >> i remember four years ago it was bitter freezing temperatures. it will be better, jeff? >> yeah, looks more mild and that is good news in washington, d.c., a lot of them have coats to keep them warm. back here in the bay area, it's all about the mild weather coming our way and in fact today we started to warm up. let's look at the huge temperature surge. we started off at 30 in gill role and th-- in gill row and tn went up to 60. for the mavericks, the waves are beginning to slowly increase four to five feet, but as we go the sunday, the swells that are building in hawaii will get here and we are looking at 20-35 foot waves possible out at the mavericks, but the entire coast line will have dangerous waves and rip currents so you may want to leave the water up to the exp
ABC
Jan 17, 2013 4:30am PST
years. the city had high hopes this would be a boost to the economy but passengers are rerouted through san jose's biggest competitor. sso, which is indefinite. no estimate on when the planes will possibly be flying again. live from shows for abc7 news. >> thank you very much, amy. >> at two safety meetings a closer look at the collision of a tanker at the bay bridge, "overseas raymar" which scraped against the tower. the bar pilot changed course at the last minute passing under the bridge near treasure island under foggy conditions. the san francisco manner exchange will look at fog rules. the federal investigators say it could take months to determine the true cause. >> governor brown will attend a uc board of regents meeting to discussion the proposed budget and the impact on uc wanting to keep further tuition or fee increases off the agenda. university of california schools will get plenty of financial help from taxpayers after voters approves proposition 30. he wants more teaching, less research, and more students accepted from community colleges. >> san francisco's law banning pub
CBS
Jan 13, 2013 6:30pm PST
into the mainstream, competing for jobs and changing the economy. you would think they would run into each other. >> yeah, you would think that, but it never happens. >> when i see what computers and robots can do right now, i think we're going to find ourselves in a world where the work, as we currently think about it, is largely done by machines. >> pelley: this is where you grew up? >> in a public housing project. hola. ¿como estas? >> welcome to your old neighborhood. >> gracias. >> pelley: supreme court justice
FOX
Jan 16, 2013 4:30am PST
force should help stimulate the economy and after criticism over low pay and benefits it helps boost the retailers image. >>> the san francisco law that requires public construction projects hire a percentage of local workers is set to success the city could expand it. now city manager john wants lower requirement for tech companies that want tax breaks. right foul those employers only have to show they are trying to hire locals for some entry level jobs. >>> lance armstrong doping and deception could cost him millions of dollars. the u.s. postal service sponsored his team from 1990 to 2004. the government has rejected his offer to give back $5 million. armstrong's confession airs to tomorrow. but the world antidoping agency says it will take more than a tv interview. >>> the board of supervisors gave initial approval to a ban on smoking at fairs and festivals including the fillmore jazz festival. promotions would have to mention no smoking is allowed at though events. it would also require one no smoking sign and announcements every two hours at the event. the idea needs final appro
KBCW
Jan 20, 2013 8:30am PST
in office. >>> it felt like the economy was starting to turn. at the same time the interest rates kept getting lower and lower. >> taking advantage of a housing boom in the golden state. the sign the housing market is recovering in california and the rest of the country. >>> welcome back to first coast news at 11:00. it is 9:00 -- cbs 5 eyewitness news. it is 9:00, january january 20th. i am anne makovec. >> and i am phil matier. i just got word that president obama did complete his swearing in. >> yes. he did it before the top of the hour. >> the president just finished his private swearing in ceremony as we just mentioned at the was. supreme court chief justice roberts is there and using the first lady's family bible. here it is. >> i pa rack hussien obama do solemnly swear. >> that i will faithfully execute. >> the office of the president of the united states and will to the best of my ability preserve, protect and defend the constitution of the united states so help me god. >> congratulations mr. president. >> thank you mr. chief justice. thank you so much. >> thank you, sweet
NBC
Jan 18, 2013 6:00pm PST
. >> what's the biggest misconception about our economy? >> is that the did he haeficit biggest problem we face. the deficit is not the biggest problem we face. the biggest problem we face is jobs. and wages. >> for decades we've been told don't tax the upper class because the less tax they have, the better it is for the middle class. true or false? >> false. the idea of the job creators belies -- the truth about the economy is the vast middle class, everybody is aspiring to join the middle class, they are the job creators because their spending creates jobs. >> we've been sold on this for years. >> i don't know why they've been sold on this. trickle-down economics, the idea if you give more tax breaks to people at the top and companies at the top, you're going to create jobs, has been proven over and over again to be false. >> some amazing insight. what's next for robert reich? he says if the president asks, he would go back to washington. as for now he loves teaching at cal and just released his latest book called "beyond outraged. "you can find the segment on nbcbayarea.com/the intervie
KICU
Jan 14, 2013 11:30pm PST
ceiling. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349 suicides by service men and women in 2012. that's almost one a day, and also
FOX
Jan 14, 2013 5:00am PST
you, steve. >>> the head of the chicago federal reserve expects the u.s. economy to grow 2.5% this year. he says it will improve to 3.5% next year. charles evans says unemployment this year will fall below 7.5 pest and slip to 7% next year. he made his comments at the agent final forum in hong kong this morning. china shanghai index jumped 3% after regulators there says china will open its markets to foreign investors. european markets starting today higher. as we check in on our numbers where we start the day, does look like a pretty good opening across the board. actually right now the future is dipping town a bit. maybe a lower opening for the dough. but waiting for bernanke after the close today little gains on friday. >>> what they are staling that may surprise you. >>> how birthrates in colds are changing. >> you can wake up with ktvu every morning. get the top stories that develop while you were sleeping sent straight to your cell phone. every weekday morning 6:00 a.m.. get your ktvu morning wake up call by texting the word wake up to 70123. >>> welcome back to the c
FOX
Jan 14, 2013 6:00am PST
. that trend is a concern for california's economy. as the retirement population grows and fewer workers to replace them. >>> the 49ers san francisco now know they will face the falcons for the right to go to the super bowl. the falcons got to the championship game by beating the sea hawks on a late field goal. now the falcons are the number one seed so the 49ers have to travel to atlanta before sunday's game. sports stores in san francisco were busy over the weekend with fans snapping up any 49ers gear they could get especially collin kaepernick jerseys. >> i'm excited. kaepernick is doing their thing. the whole organization is doing their thing. >> collin kaepernick touchdown celebration also sparked a new trend called kaepernicking. he flexes his arms and kisses his bicep. he has retweeted several pictures. you can see of fans giving their take on the celebration. >>> now the 49ers and falcons will play sunday right here on ktvu channel 2. our coverage begins right after mornings on 2 with nfl championship chase at 10:00 a.m.. kick off is just after noon. you can also find more on the
FOX
Jan 14, 2013 10:00pm PST
economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349 suicides by service men and women in 2012. that's almost one a day, and also 48 more than the year before. military experts say the total may climb before it falls,
KRON
Jan 14, 2013 4:00am PST
. >> the recovering the economy and high gas prices are driving record riders ship on bart. >> but the increase in passengers could bring problems as the transit district does not act to increase its capacity and rejuvenate its aging infrastructure. >> bart riders it has increased 6% over last year of the agency only anticipated a rise of about 2%. >> bart officials say to handle growth without dismissing service it needs to, the agency needs to beef up orders new train cars and increase capacity of platforms at the busiest bart stations. >> many of the times by a $18 million over budget and the first year mayor ed lease administration. >> officials say overtime work more than double the salary of some in the employes, with one muni mechanic raking in an extra $160,000. >> employees say a lot of the overtime and for working to get many new train control system operating. >> overall, many as 22 of the city's top 25 overtime wage earners, far outpacing the usual leaders to work in police and fire. >> we now know, the lance the falcons will face off against the san francisco 49ers next sunday. >>
NBC
Jan 17, 2013 6:00pm PST
. >> tech production tends to sink lower when the economy is struggling and when things are going well, drive us out of recession according to ross duval, study author. things are booming now and the numbers would support that. according to a new report on startups compiled by researchers, silicon 1234r50e8 12 was the best place in the world to start a company. >>> that might explain the area's number one ranking notice milken study but also consider these tidbits. san jose's wage growth dropped almost 2% in the last year, per the u.s. labor statistics and santa clara's unemployment rate, while a steady 7.7% is good for just seventh best in the state of california. >> job growth here greatly exceeds what we're seeing in any other metro area in the country. the challenge is there are still many families struggling as we know. unemployment exceeds 8% in san jose. >> and council mann's remarks there summarize the situation well. we are adding the most jobs of any place in the country here in silicon valley. that's true. startups are flourishing. but the overall economy by standard measure
NBC
Jan 18, 2013 6:00am PST
are using robots. this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. chinese make iphones. those jobs could come back to america to be made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this weekend. this could really be a game changer. for the last ten years we've been giving developing economies like china and india a taste of capitalism. they have this growing standard of living. we're this close to taking those jobs away. the minute robots are cheaper to operate than people, what will happen to china? they lose their jobs. they are our biggest bank. this has serious implications. >> you are all over it for us as always. thank you so much. >> scott has good guests. all right thank you very much. look forward to that. we're always looking for cheaper ways to fly. if you ever wondered how far in advance you need to book a flight to snag the best deals, we've got your answer right now. according to cheapair.com. it's 49 days flying domestic. 81 days if you are flying internatio
CBS
Jan 18, 2013 5:00am PST
does not raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans' benefits. >>> things that men will do to i am privilege women. an aussie free diver says he got into the sport to win over a few girls at the public to impress women. he won more than the girls. the 32-year-old is making a nam for himself in diving. he can actually hold his breath under water for 6 minutes and 40 seconds. he is a champion in the second most dangerous sport in the world and he credits the peretti local girls he pretty local girls he met. >> he challenged them at the bar. >> he became an australian champion. >> he was on "60 minutes." he drops down over 200 feet. >> good luck. >>> 5:19. coming up, hear why the key to beating the falcons might not be colin kaepernick after all. >> plus, the cbs station in green bay makes good on our 9ers packers championship game bet. don't miss it. >> oh, boy. so... [ gasps ] these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber.
FOX
Jan 13, 2013 5:00pm PST
to the u.s. economy. >> for his part, president obama is expected to lay out a white house plan for immigration in the coming weeks, perhaps during next month's state of the union address. >>> former utah governor jon huntsman is promoting a problem- solving approach in congress, with his bipartisan movement that he calls no labels. >> it's a dysfunction of congress that's now becoming our nation's dysfunction. we're becoming disfigured in a sense, our economy is, because congress is so far behind in the game. >> we don't even know our colleagues in congress out of 435. so this gives us a chance. no labels gives us that venue to sit down and have meaningful conversation. >> so far, 25 members of congress have signed on to quit the finger-pointing and focus on solutions. former governor huntsman says he hopes to get at least 50 more. >>> there were protests all across the u.s. this weekend to mark the 11th anniversary of a prison. human rights groups are demanding be shut down. ktvu's christien kafton talked with those opposed to the camp at guantanamo bay, who say they are disap
NBC
Jan 14, 2013 4:30am PST
're seeing is just your typical gasoline engine cars getting really good fuel economy. 30 and 40 miles per gallon. something we've never seen before. >> it's the car freak heaven. industry analysts say the mood at this year's show is upbeat. car sales estimates for the 2012 year was the best since 2007 and the feeling is the worst is behind them. >> what about the forecast when it comes to that? we're continuing to follow our top story this morning. everyone is talking about the cold snap we're under. >> we're letting you know why it's being blamed for a number of problems across the bay area including this house fire that left a south bay family homeless. >>> it's not over yet. bay area, get ready for yet another cold morning. i'm christie smith. coming up we'll show you how cold it is here in walnut creek. >> that's right. dress in layers today. if you are sick of the cold, a welcomed warmup just days away. from 30s to start close to 70 degrees to finish by the week's end. your full forecast in just a few moments. >>> staying on today's theme i guess we're talking about the cold weather
NBC
Jan 14, 2013 11:00am PST
that is unacceptable. >> a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession. and ironically, would probably increase our deficit. >> reporter: and it would, the president warned, delay checks for social security and veterans' benefits. the president also said he would soon ask lawmakers to create new gun laws in the wake of the newtown massacre. he will likely seek universal background checks, limit on high-capacity magazines and a ban on assault weapons. reporting live here from the newsroom, i'm bob redell. >> bob, thank you very much. >>> after nearly two months in the hospital, former president george h.w. bush has been discharged. nbc news learning doctors at methodist hospital in houston, texas releasing the 88-year-old bush just this morning. he was admitted november 23rd for treatment of a bronchitis-related cough. in december, the nation's 41st president spent a week in the hospital's intensive care unit for treatment of a persistent fever. no word so far whether the elder bush will return to his houston home or be moved to rehabilitat
NBC
Jan 16, 2013 11:00pm PST
. >>> in silicon valley, the technology economy, there's a reason we call things version 2.0. sometimes things need a little adjustment before they're ready to re-roll out. >> at this point there's no word on whether passengers on friday's flight will be rerouted. air india has grounded its dreamliners for the time being. >>> san jose are telling parents to be on the lookout for a man who tried to rip a child out of her mother's arms yesterday. this is a sketch of the suspect. an east san jose mother told her the suspect came up to her and her children in their front yard yesterday afternoon. she told us she knew something was wrong when he kept saying how beautiful her children were. shortly after he grabbed the 2-year-old daughter by the feet. >> when he knelt down, he grabbed my daughter by her feet, by her -- her ankles, and he -- i kind of picked her up. as she fell back on me, we were tugging at each other. and her bottoms were falling off. and then eventually her boots fell off. >> the mother didn't want to be identified there on camera. the mother was able to wrestle her daughter away and r
ABC
Jan 16, 2013 6:00am PST
. officials were very excited of the potential boost to the economy. four flights have left san jose if japan since friday. now flights have been canceled. the status for the passengers is to be determineed. mineta said he needed to get back on saturday in time for president obama's inauguration. the f.a.a. is now inspecting the new 787's. >> president obama this morning will reveal new gun proposals in the wake of the sandy hook elementary school making the announcement before 9:00 our time, and he will be joined by children who wrote letters. we will find out exactly what the president proposes and how his daughters are part of the debate. developing news from san jose where police are senatorring for a man who reportedly tried to pull a toddler from her mother's arms as mom stood in front of the home at 5:30 last night on dayo court. the mother said the stranger made a comment about the toddler and that made her uncomfortable so she picked up the child and the man grabbed the girl's legs and tried to put her arm. mom broke free and called police. the suspect is described as hispanic, 20 to
ABC
Jan 16, 2013 6:00pm PST
the economy at rigs being. boeing fell 2% in after hours trading after faa grounded dream liners. and apple stock went up 4%. >> a veteran actor spent golden years here in the bay area has died. he was best known for the role in "diff'rent strokes", playing a wealthy white widower raising two sons of his african american housekeeper. a native of canada he had a long career in the movies and stage a cording to his daughter he died at home in livermore. conrad bain >>> a coalition of consumer groups is asking the federal government to take a look at the lending practices of san francisco based wells fargo bank. >> that is right. they're concerned about a program they claim is like a pay day loan product. >> michael finney is here now with a story of a woman comparing her experience to a debt trap. >> yes this, wells fargo prefers to call the program a direct deposit advance, charging 1 path $50 for every $20 borrowed. your loan must be paid in full when the next check arrives. the fee on the loan is equivalent of a percentage rate of 108%. a 30 day loan, 91%. annette smith of rockland needed
KICU
Jan 15, 2013 7:00pm PST
will help boost the u.s. economy. the retail giant plans to hire more than 100,000 veterans over five years. wal-mart also says it'll buy $50 billion worth of american-made goods over ten years and help part-time workers who want more hours move to full time. >>> on wall streeshths stocks finished the day mixed. strong retail numbers boosd the dow, which rose by 27. nasdaq, though, lost six point way,ed down in large part by apple. the day was a dubous one for apple which closed below $500 a share for the first time in 11 months. apple is reportedly cutting its orders for iphone parts suggest sales are lacking. for the day apple dpe cliend about $15, more than 3%. >>> facebook took a page out of apple's play book today by inviting the media to a big announce. but as robert honda reports, the new product didn't quite live up to all the hype. >> news agencies from around the world came to facebook's mystery announcement today. founder and ceo mark suker burg unveiled graph search, an advanced search capability that will ultimately allow users to search the data base through their own friends'
CBS
Jan 15, 2013 4:30am PST
yesterday the president said congress needs to act fast to avoid hurting the economy. without a deal, the treasury secretary timothy geithner warns that the nation could run out of money as soon as mid- february. that's sooner than originally estimated. >>> it's a different budget situation for california. the legislature's nonpartisan budget analyst agrees with the governor. after years of multi-billion- dollar deficits, california's budget is balanced. increased tax revenues are credited for balancing our budget. >>> well, if you haven't gotten the flu yet, you probably know someone who has. so far, california has not been hit as hard as the rest of the country. but doctors say that could change. cbs 5 reporter kiet do found out the best way to protect yourself is in short supply. >>> reporter: despite signs beckoning customers inside for a flu shot, nearly all cvs pharmacies in the bay area have run out. from san francisco to san jose, redwood city to union city, the nation's largest pharmacy could not keep up with local demand. after calling ne
CBS
Jan 18, 2013 4:30am PST
that if congress doesn't raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans benefits. >>> university of california leaders say tuition hikes can be avoided this fall if the system gets the funding increase proposed in governor brown's budget plan. the quarter billion-dollar increase is less than that what the uc system had hoped. but it's a turnaround from years of budget cuts. the extra funding is due in part to proposition 30, the tax measure approved by california voters in november. >>> 55,000 local students will have the same class plan for part of today lessons on digital media safety. commonsense media is teaming up with the san francisco unified school district for the program. it will cover such toppers as cyberbullying and who to trust online. >>> starting this week yelp will post san francisco's health department inspection results for restaurants next to the reviews. you wouldn't be able to miss them. it will be a number grade from 0 to 100 indicating how well the restaurant fared o
FOX
Jan 14, 2013 5:00pm PST
or not to do. >> reporter: if washington fails to act on the debt ceiling the national economy could -- [no audio] >> reporter: because of the potential risks to our state budget that is one reason they say they want to create that $1 billion reserve and where the budget stands, that will be better known in may when we will know if the surplus has grown. ken pritchett, ktvu channel 2 news. >>> 49er fans are looking forward to a huge game this weekend. if they win they will go to their 6th super bowl. saturday night the 9ers destroyed the packers and a lot of fans are confident they will do well against the falcons. the championship game is sunday in the georgia dome and fans are optimistic even though the last time the 49ers won a road plaintiff game was 24 years ago. >> it is exciting wherever they win. there, here, no matter what it is still great. >> 49ers gear is selling fast. we checked with sf sports in san francisco, they say they are completely sold out of colin kaepernick jerseys. ktvu channel 2 news will have coverage of the championship game on sunday at 9:30 a.m. with championsh
KRON
Jan 16, 2013 6:00am PST
for economy right? that does not seem to be just a problem just yet. >> what scares me the most is that inflation. i am not worried about the boogeyman or jayson more he's is where are my dollars today and in 40 years? if consumer price information is tame we are not losing pricing power. >> basically you can search your friends alike on facebook. investors are not too thrilled but you seem to like this. >> it is kind of a search. facebook is no wonder facebook is a search company. have you ever used yelp? >> yes and yelled is being hammered because of this announcement. >> we have not made are couple page yet. >> i am not going to go to yell, i will go to you on facebook to see what your favorite restaurant is. when you get into a situation where you say you like lord of the rings i will trust you more than the chronicle's review. i don't of the chronicle has a review but the point being is i trust my friend's information and referrals more than i trust what i see on a yelp or other web sites like that very >> what is good about that is that it keeps people on facebook even lon
KRON
Jan 17, 2013 8:00pm PST
today and santa clara county has the top ranked economy in the nation. in 2011, the south bay was a distant 51st in the country. the san francisco, san mateo, marin region is lumped together and was rated number 36 in the country - up from 57 in 2011. and the east bay is number 155 - up from 168 a year ago. the santa monica based the study. it indicates the south bay claimed the top spot thanks technology industry. >> jacqueline: 60s expected for the weekend in several locations with upper 60s a look outside at the satellite and radar with this area of high pressure. it is driving the storm will to the north. not much rain for the next several days in fact, blue skies and warmer conditions. tomorrow, still chilly. 29 in napa santa rosa. for fairfield, also the 20's and 30's in concord, pleasanton but opera 30's for the bay shore and the south day. 43 in san francisco. 60s in the south bay in cupertino, campbell, milpitas. more low 60s for the inland valleys. 60s in concord, livermore and also 60s for the east bay shore. overall, not three like january. temperatures unseasonabl
NBC
Jan 14, 2013 6:00pm PST
the failure to raise the debt ceiling would send shock waves through the economy both national and global. that being said, president obama only fanned the flames today painting a picture of government catastrophe based on the facts seems a bit trumped up. >> ladies and gentlemen, the president of the united states. >> reporter: in the first press conference of his second term, president obama wasted little time scaring the day lights out of millions of americans who rely on government paychecks for one service or another, of the consequences of a u.s. default. >> may not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down nuclear materials wouldn't get their paychecks. >> reporter: the president's statement is speculative and not true because, frankly, no one knows what programs will be short changed if the u.s. can't meet its payment obligations. it's never happened before. but here is what we do know courtesy of the bipartisan policy center. if congress fails to raise the debt ceiling the gove
ABC
Jan 17, 2013 5:00am PST
central to the rural economy of ireland. one burger tested was 33 percent horse meat. >> you heard jimmy joking about the flu season, though, really is in high gear and doctors are urging everyone to get a flu shop. why pregnant women concerned about the vaccine safety can breathe easier. >> and the body-hugging jeans with a twist, the denim that leaves you with a boost long after you have taken them off and silky >> across the country, president obama's proposed ban on new assault weapons and high capacity clips has struck a nerve among those who make the laws and those who enforce them. recently, lawmakers in texas, wyoming, missouri, and tennessee have rushed to introduce legislation to preempt the president's proposal. sheriffs in oregon and kentucky are refusing to enforce any new gun laws but the power to defy federal law are limited and the rhetoric is simply political posturing. >> if you drink a popular juice to prevent health disease or treat prostate cancer, the federal trade commission says you could waste your time ruling that there were deceptive ads over a juice that said
ABC
Jan 19, 2013 5:00am PST
it was in january, twine, the president is still struggling with the slow economy, high unemployment and voters lack of trust and confidence in washington. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> before the hard work of the second term begins, the obamas will squeeze in a little bit of sun. in 2009 the president and first lady had a whirlwind night on the town. ten inaugural balls. this year there are just two official balls. one is expected to draw more than 35,000. they will groove to the sounds of smoky robinson, usher, and brad paisley. >> and i like a good party. >> but it could be an early night. the president has a job to do the next day. >> it's been a busy and productive four years. i expect the same for the next four years. >> karen traverse, abc news, washington. >> our coverage of the inauguration begins monday at 4:00 a.m. with a special edition of good morning america. we will also have live streaming coverage at abc7 news.com starting at 6:30 monday morning. >>>
ABC
Jan 13, 2013 5:00am PST
on the president's new national security team and his point man to fix the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pil
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